Minister for Innovation, Medical Research and the Digital Economy, state Labor government
| Role | Organisation | Sources |
|---|---|---|
| Minister for Innovation, Medical Research and the Digital Economy | state Labor government | Australian FinTech |
| Minister for Innovation, Medical Research and the Digital Economy | the Victorian state government | SmartCompany |
| Minister for Innovation, Medical Research and the Digital Economy (former) | Victorian Government | Startup Daily (Wed 17 Aug 2022), LaunchVic (Wed 17 Aug 2022), Startup Daily (Wed 3 Aug 2022), LaunchVic (Tue 2 Aug 2022), Startup Daily (Wed 23 Feb 2022), LaunchVic (Tue 14 Dec 2021), Startup Daily (Tue 14 Dec 2021), LaunchVic (Thu 30 Sep 2021), @AuManufacturing, Startup Daily (Tue 30 Mar 2021), ARN (ARNnet), Startup Daily (Tue 24 Nov 2020) |
Stories naming Jaala Pulford. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Victoria granted $900,000 across three new angel networks to back early-stage startups, while LaunchVic grant recipient Archangel Ventures has launched a $25 million venture capital fund.
LaunchVic's sidecar fund for women-led startups has deployed co-investments across eleven companies in year one, with Telecare, Age Up Health and Conserving Beauty named, and targets 60 founders by 2024.
LaunchVic marks one year of its government-backed Alice Anderson Fund for women-led startups, citing its investments and Telecare's seed round led by Australian Medical Angels.
LaunchVic has chosen new fund manager V-Ignite, led by Neil Stanford and Brighid Pappin, to run Victoria's startup capital fund, which will raise from private investors to match a government cornerstone commitment.
Victoria's startup agency has picked a new fund-of-funds firm started by two ex-Hostplus investors to build a state-backed vehicle, with the government cornerstone committed and a matching private raise still to come.
LaunchVic will give MedTech Actuator a further $2.4 million over three years to double its accelerator intake and back at least 30 Victorian startups; Nutromics is cited as a past funding recipient.
LaunchVic's Alice Anderson Fund reveals its first five women-led startups, with $727,167 invested directly and private co-investors adding over $2.3 million; the three-year, $10 million Victorian sidecar fund plans 40-60 investments.
LaunchVic commits $250,000 as a grant and $250,000 as equity in Startupbootcamp's fund to run three energytech programs, while Energy Australia, NISA and Victorian Clean Tech Fund add $975,000 for Victorian energy entrepreneurs.
Weekly funding roundup covering Batch Brewing's equity crowdfunding campaign, Vloggi's pre-seed raise and valuation, Startmate's Victorian government funding, plus large raises by Linktree, Baraja, Lumary and Nourish Ingredients.
Also Startup Daily
Roundup covering Deliveroo's cut IPO price range, ACCC clearance for NAB's purchase of neobank 86 400, Compass Education acquiring Momentum ESR, Victorian government funding for Startmate, and NSW's digital lost property system launch.
Boab AI has launched a Victorian scaleup program for mature AI companies, backed by LaunchVic and Artesian, naming Pi.Exchange, Plaetos, Strongroom AI, Daitum and Remi AI in its first intake.
The Victorian state budget directs $186.2 million towards the startup ecosystem, covering a women founders angel fund, a fund of funds, venture debt, LaunchVic funding, loans, and digital skills and infrastructure programs.